The Kerala Urban and Rural Development Finance Corporation (KURDFC) will support the local bodies to set up solar energy projects by providing loans to the tune of Rs 100 crore this year. K Moideenkoya, Chairman, KURDFC, said that a recent meeting of the agency's director board had decided to fund housing schemes for the poor taken up by local bodies at low interest rates, and profitable ventures in the tourism sector. By providing financial help, the KURDFC will enable local bodies to build up more assets and enhance their revenue from non-tax sources. It had also been decided by the KURDFC to set up a technical cell in order to avoid delays in granting clearance for projects submitted by the local bodies. The corporation would prepare a panel consisting of engineers, town planners and architects whose services would be available to local bodies to prepare projects.
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